Hello, Traders!
Monfex is at your service and today we overview XRP/USD.
What do you expect from Ripple?
Curent price ~$0.257
It is moving in the falling wedge and now near support - buy - accumulation zone. Also XRP has by Stoch RSI two bullish div and going to leave the oversold zone. So we have asume that soon will be good positive movement on this chart!
We have key resistance price level ~ $0.266, there is resistance volume with MA20 by the breakdown of which we also can assume buy position.
Active Trade Signal by XRP/USD
- Buy below $0.248
- Take profit ~ $0.322
- Stop at $0.218
Share your thoughts, ideas about the market under the chart.
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service and today we overview XRP/USD.
What do you expect from Ripple?
Curent price ~$0.257
It is moving in the falling wedge and now near support - buy - accumulation zone. Also XRP has by Stoch RSI two bullish div and going to leave the oversold zone. So we have asume that soon will be good positive movement on this chart!
We have key resistance price level ~ $0.266, there is resistance volume with MA20 by the breakdown of which we also can assume buy position.
Active Trade Signal by XRP/USD
- Buy below $0.248
- Take profit ~ $0.322
- Stop at $0.218
Share your thoughts, ideas about the market under the chart.
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Trade active
Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.